Insurance valuation advice

[tom_loughlin]

Afternoon all,

Following on from my last thread about my other half's crash, the other party's insurance company (Admiral) have offered £5800 based on the current market value of the car.

I have looked on eBay/Autotrader, and I couldn't replace the car for that - '07 Mini Cooper S Chilli pack.

As Ems has a hire car, time is not an issue for me, but I imagine her insurance will want to get things sorted quickly.

Apparently the mileage of her car (87k) is well above average for it's year, but I would dispute that also.

I realise that as Joe public, we will not be paying trade rates for cars, but if anyone has access to glasses and wouldn't mind running a quick check, I would be very grateful.

I am about to compile a list of similar cars/prices etc... but I feel this is a bit of a pointless exercise as the mileage/specs are different.

Thanks

Tom

[defblade]

tom_loughlin said:

Apparently the mileage of her car (87k) is well above average for it's year, but I would dispute that also.

"Average milage" in the motor trade seems to have 20% flexilibity worked in: if you're selling to the trade, average milage is 10k/year; but if you're buying, it's 12...

[eatcustard]

ebay have plenty for around £6000, but condition is another thing.

Get a free quote from glass guide.
http://www.glass.co.uk/Valuations/

[Roo]

There's an '07 on AT with less miles for that price.

[barryrs]

Might be a touch low IMO but its pretty close as there are a few that sound very similar currently for sale via traders at circa £6k.

[liner33]

Ive always worked on the basis you reject the first offer anyhow backed up with whatever evidence you can support a larger claim

[GreatGranny]

If there's no great rush then compile a list for comparison.
When I was in your position the other parties IC came back pretty quickly (1-2 days) to say either yay or nay.
I accepted their 3rd offer which was fair after a pretty low opening offer.
Its worth it if it means a few hundred more.

[tom_loughlin]

Hi All,

Thanks for the replies, My school of thought it that she wanted a pretty specific car when she bought this one, so I don't see why she should be out of pocket when settling the claim.

I realise there are models with (questionably) similar levels of spec, but I'm sure they wouldn't be in as good condition, or they may be in less desirable colours etc.

Anyway, no hurry from us as Ems has the hire car - so I will slowly put a few comparable cars together to get as close to the £6500 I believe the car is worth.

Thanks again

T